(EnergyAsia, December 16 2010, Thursday) — Malaysian state company Petronas will have to increase its domestic upstream investment to sustain its long-term oil and gas production and replenish the country’s energy reserves, said CEO Shamsul Azhar Abbas. According to the finance ministry, Malaysia’s crude oil reserves will last 24 years while its natural gas will…
MALAYSIA: Petronas to focus on investing in domestic upstream sector
Posted on December 15, 2010 by EnergyAsia